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If I wanted to buy one of 2 items, a bike or a new TV, and after consideration of my need to get exercise and fresh air, I chose to buy the bike. Then, my opportunity cost would be the TV. True O False
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Sep 16, 2022
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If I wanted to buy one of 2 items, a bike or a new TV, and after
consideration of my need to get exercise and fresh air, I chose to buy
the bike. Then, my opportunity cost would be the TV.
True
O False
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Piotrbienias
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Great question! I believe this is true because using a bike is also efficient to get to work which will get you more money to buy said tv. So I think this may be true
Teka
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Sep 20, 2022
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Teka
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